EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
MACD and Crossing EMA Robot
This MetaTrader 5 expert advisor executes trades based on the MACD indicator and the crossing of two exponential moving averages.
GitHub stars5
Forks7
Last update12 years ago9 Jul 2014
LicenceNone stated
Overview
MACD and Crossing EMA Robot uses a long period of twenty and a short period of six moving averages to identify trends. The robot manages active positions using a specific trailing stop mechanism that permits a percentage-based retracement. Once a profit threshold is met, the system allows a limited number of retracements before closing the position. Risk is controlled through fixed lot sizing and indicator-based exit levels. The README documentation provides a basic overview of intended logic.
- Dual indicator entry using MACD and EMA crossovers
- Percentage-based trailing stop mechanism
- Configurable trend periods for moving averages
- Automated exit on MACD signal levels
Details
Author
gsemet on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Trend following
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from macd-mme.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLots | double | 0.1 | Size of lots for each position |
InpAllowedRetracementPercent | int | 50 | Allowed retracement for gaining position (in percent) |
IntMaxNumberOfRetracement | int | 2 | Maximum number of allowed retracement before placing a close stop loss. |
InpMACDOpenLevel | int | 3 | MACD open level (in pips) |
InpMACDCloseLevel | int | 2 | MACD close level (in pips) |
InpMA20TrendPeriod | int | 20 | Long MA trend period |
InpMA6TrendPeriod | int | 6 | Short MA trend period |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone gsemet/mt5-robot-macd-mme from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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